Coronavirus-ravaged economies across the Asia Pacific will make a "swoosh-shaped" recovery next year, the Asian Development Bank forecast Tuesday, but it warned that further restrictions to combat the contagion could derail the region's return to growth.
India's telecoms watchdog on Monday said over-the-top (OTT) communication services do not currently need a regulatory framework, casting aside the threat of potential restrictions on platforms such as Facebook , WhatsApp and Google .
Oil prices inched lower on Tuesday as a bleaker outlook for global fuel demand prompted fresh selling, but short-covering ahead of a meeting later this week of OPEC and its allies, known as OPEC+, limited losses.
SINGAPORE: The retail industry may be going through a rough patch due to the COVID-19 pandemic, but American footwear brand Skechers still sees pockets of opportunities and has ramped up its presence in Singapore in recent months. It opened five new stores in July and August – growing its...
Billionaire hedge fund manager Steve Cohen has signed an agreement with Sterling Partners to buy the New York Mets baseball team, the two sides said in a statement on Monday.
BNSF, the railroad unit of Warren Buffett's Berkshire Hathaway Inc , on Monday named Kathryn Farmer as its new chief executive officer, making her the first female CEO of a major U.S. railroad.
LONDON: Taxi app Uber will battle in court on Tuesday (Sep 15) to win back its licence to operate in London after the city's transport regulator removed it over safety concerns. Transport for London (TfL) refused in 2019 to grant the Silicon Valley-based company a new licence due to what...
The US announced on Monday (Sep 14) it would block a range of Chinese products made by "forced labour" in the Xinjiang region, including from a "vocational" center that it branded a "concentration camp" for Uighur minorities.
BNSF Railway, one of the largest railroad operators in North America and owned by Berkshire Hathaway Inc , said on Monday it appointed Kathryn Farmer as its chief executive officer, replacing Carl Ice, who led the company since 2013.
With the COVID-19 crisis, interest in gold has soared, driving its price to historic highs, says an observer.
